Risk factors

Netflix (NFLX) risk factors

Item 1A of every Netflix Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.

  • FY2025 10-K risk factors
    33 risks2 new6 reworded

    The proposed WBD transaction adds major approval, $5.8 billion termination-fee, integration, and synergy risks.

    Filed Jan 23, 2026
  • FY2024 10-K risk factors
    32 risks

    Content licensing, production commitments, and competition threaten Netflix’s ability to offer compelling entertainment and retain members.

    Filed Jan 27, 2025